CUPID - Strong Contraceptive story

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by jeett, Sep 14, 2015.

  1. jeett

    jeett Member

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    Any idea on CUPID?

    § The Financial year ending on march 2015 was the best year in the history of Cupid Ltd. with turnover of Rs.44 Cr. and Net Profit of Rs.7.7 Cr.

    § CUPID is debt free & dividend paying company and our order book is improving every quarter.

    § Cupid Ltd. is currently selling its products in 26 countries and is expanding its reach further.

    § Cupid Ltd. is second compnay in the world to obtain Pre-Qualification status from WHO/UNFP for its products.
    § Positive cashflow of ~7cr from operations in 2015.
    § Debt fee status
    § Management expects growth of 15 – 20 p.c. largely to come from sale of female condoms which has large margins.

    § In June 2015, CUPID got an worth 103 Cr from National department of Health (South Africa) to be delivered over a 3 years window. This translates into a steady state revenue of 33 cr and translates in a revenue growth of min 50% (In 2015, it had a total revenue of 45 cr)
     
  2. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Cupid is fantastic six bagger stock already. but still small cap. I am looking for research reports on stock.
     
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